Brazil Supreme Court Delays Betting Ban Ruling for Nov. 3 Hearing

Brazil's Supreme Court has postponed its ruling on a ban on sports betting and online casinos, with Justice Luiz Fux scheduling a public hearing for Nov. 3, a day after the presidential runoff. The country's 85 betting licenses have lapsed while the industry pushes for a decision. The outcome matters to crypto traders because betting platforms are a growing use case for stablecoins and digital payments in Brazil, so a ban or delay could affect on-chain volumes.